Bericht
Public wage and pension indexation in the euro area: An overview
If the responses of wages - both private and public - and of pensions to an increase in inflation lead to second-round effects, this can make an inflationary shock more persistent, especially in the presence of automatic wage and pension indexation. This occasional paper presents an overview of the indexation schemes and other mechanisms for setting public wages and pensions across the euro area countries. It concludes that price indexation of public wages is relatively limited in the euro area, while public pensions are overwhelmingly automatically indexed, either fully or partially, to prices and wages.
- ISBN
-
978-92-899-5240-8
- Sprache
-
Englisch
- Erschienen in
-
Series: ECB Occasional Paper ; No. 299
- Klassifikation
-
Wirtschaft
Fiscal Policy
Social Security and Public Pensions
Price Level; Inflation; Deflation
- Thema
-
Fiscal policy
Wages, Compensation, and Labor Costs
Social Securityand Public Pensions
Inflation
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Checherita-Westphal, Cristina
- Ereignis
-
Veröffentlichung
- (wer)
-
European Central Bank (ECB)
- (wo)
-
Frankfurt a. M.
- (wann)
-
2022
- DOI
-
doi:10.2866/515428
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Bericht
Beteiligte
- Checherita-Westphal, Cristina
- European Central Bank (ECB)
Entstanden
- 2022
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